£ 2,195 (Excl.Tax)
Annuities and income drawdown enjoyed bumper growth in 2023, which has largely continued throughout 2024. Annuities in particular have benefited from favourable conditions, as higher interest rates and..."
£ 2,195 (Excl.Tax)
The cost of living crisis has placed pressure on the personal pensions market, as some consumers have had to prioritise immediate expenses over long-term savings, leading to a..."
£ 2,195 (Excl.Tax)
The cost of living crisis continues to place pressure on household finances and has made consumers more cautious about borrowing against the value of their homes. This heightened..."
£ 2,195 (Excl.Tax)
The cost of living crisis has prompted more consumers to focus on their immediate financial commitments. Consumers have increasingly postponed retirement planning as more pressing financial matters take..."
£ 2,195 (Excl.Tax)
Personal pensions providers continue to face stern challenges as auto-enrolment dominates the pension space, while regulatory and economic headwinds limit demand.
Charlie Landsborough, Financial Services Analyst
..."
£ 2,195 (Excl.Tax)
A rejuvenated annuity market and digital developments enabling new innovative solutions make this an exciting time for providers of retirement income products.
A Mintel Analyst, Global Analyst
..."
£ 2,195 (Excl.Tax)
“There is ample scope to expand the market for retirement planning and advice. 40% of pension savers are interested in paying for personalised advice about their retirement plans,..."
£ 2,195 (Excl.Tax)
“There is considerable latent demand for later life planning among over-45s, especially among those aged 45-64. If providers can effectively tap into this and engender earlier engagement, for..."
£ 2,195 (Excl.Tax)
“The market for retirement income products has bounced back from the pandemic-induced dip, and the outlook is positive, supported by an increasing pool of potential customers. Rising annuity..."
£ 2,195 (Excl.Tax)
“The rare period of significant growth seen in individual pensions in 2021 has proven to be short-lived. The considerable increase in the cost of living during 2022 has..."
£ 2,195 (Excl.Tax)
“The retirement planning environment has so far held up well despite the challenges that the COVID-19 pandemic has placed on the market. Cost of living pressures pose a..."
